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Entertainment Network (India) Ltd share Price Today

Company details

244.67
256.70
132.50
358.80
6M Return 10.44%
1Y Return 82.73%
Mkt Cap.(Cr) 1,169.82
Volume 51,444
Div Yield 0.61%
OI
-
OI Chg %
-
Volume 51,444

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Broadcasting & Cable TV company Entertainment Network (India) announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Overall revenue: Rs 149.3 crore, a 42.4% increase compared to Q4FY23.
  • Radio revenue growth: 26.4%.
  • Non-FCT revenue growth: 48.1%.
  • EBITDA (excluding digital): Rs 36 crore, up from Rs 23 crore in Q4FY23.
  • Digital segment revenues: Rs 20.3 crore, constituting 24.4% of radio revenue.

FY24 Financial Highlights:

  • Radio revenue growth: 10.8%.
  • Non-FCT revenue growth: 8%.
  • Consolidated revenues: Rs 500 crore, a 13.6% YoY growth.
  • EBITDA (excluding digital): Rs 125.4 crore, a 34.5% YoY increase.
  • PAT (Profit After Tax): Increased from Rs 2.34 crore in FY23 to Rs 50.6 crore in FY24.
  • Digital segment revenues: Rs 47 crore, constituting 15.3% of radio revenue.
  • International market performance: Positive, with EBITDA reaching Rs 3.3 crore.
  • Dividend recommended by the Board of Directors: Rs 1.50/- per equity share of Rs 10/- each, aggregating Rs 715.06 lakhs for the year ended March 31, 2024.

Commenting on the developments, Yatish Mehrishi, CEO, ENIL, said: “I am delighted with our FY24 performance, both in terms of revenue and profitability. Our strategic emphasis on radio and digital expansion has resulted in significant market share gains, reaching approximately 26% in the current quarter. The integration of Gaana into our digital portfolio signifies a significant milestone, further reinforcing our leadership in India's audio entertainment sector. We remain steadfast in driving profitable growth and creating sustainable value for both shareholders and customers."

Result PDF

View Other Company Results

Entertainment Network (India) Ltd shares SWOT Analysis

Strengths (11)

  • Rising Net Cash Flow and Cash from Operating activity
  • Strong Annual EPS Growth
  • Effectively using its capital to generate profit - RoCE improving in last 2 years

Weakness (1)

  • MACD Crossover Below Signal Line

Opportunity (1)

  • Companies with current TTM PE Ratio less than 3 Year, 5 Year and 10 Year PE

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 253.2
R2 261.0
R3 265.2
Pivot

248.92

S1 241.1
S2 236.9
S3 229.1
EMA SMA
246.7
245.1
245.6
231.2
247.0
237.1
263.2
234.1
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-02-07 303.68 322014 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-02-07 303.8 322014 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-01-10 223.29 323599 NSE
Name Category Shares
BENNETT COLEMAN AND COMPANY LIMITED PROMOTER 71.15%

FINANCIALS

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Profit after Tax
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Reserves and Surplus
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Entertainment Network (India) Ltd Stocks COMPARISON

Financials( in Cr) Entertainment Network (India) Ltd Sun TV Network Ltd Zee Entertainment Enterprises Ltd PVR Inox Ltd Saregama India Ltd
Price 245.40 806.80 155.53 1,438.30 539.35
% Change -2.70 3.36 6.21 -0.80 3.24
Mcap Cr 1,169.82 31,794.78 14,938.95 14,114.61 10,399.15
Revenue TTM Cr 439.97 3,772.05 8,087.90 3,750.65 736.62
Net Profit TTM Cr -10.52 1,706.92 47.80 -336.40 185.05
PE TTM 37.23 16.51 45.99 0.00 52.59
1 Year Return 82.73 75.16 -22.81 1.17 42.94
ROCE 0.57 25.98 7.84 0.00 20.24
ROE -1.38 19.59 0.35 0.00 14.82
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 745.69 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 21,424.68 50,451.86
LAST 3M 100,072.29 51,097.20
LAST 6M 183,053.48 43,859.44
LAST 12M 309,832.68 84,987.81
Entertainment Network (India) Limited - Board Meeting

Jul 15, 2024 l NSE Announcement

Entertainment Network (India) to hold board meeting

Jul 13, 2024 l BSE Announcement

Date Action Type Ratio
Sep 15, 2023 Dividend 10
Sep 19, 2022 Dividend 10

Entertainment Network (India) Ltd Information

Stock PE (TTM)
37.23
Promoter Holding
71.15%
Book Value
156.2993
ROCE
0.57%
ROE
-1.38%
Description
  • Entertainment Network (India) Ltd (ENIL) was incorporated as Public Limited Company on June 24, 1999. The Company was owned by Times Infotainment India Ltd, a 100% owned subsidiary of Bennett Coleman and Company Ltd, the flagship company of the Times Group. The Company is one of the leading Entertainment and Media company in India. It carries out Radio broadcasting across the country under the brand name "Radio Mirchi". It isin the business of event management and out-of-home media through brands "360degree" and "Times Out-of-home Media" respectively. In the year 2000, where the government formally announced the auction of 108 FM frequencies across 40 cities, the company won the largest number of licenses and Radio Mirchi was born. The company commenced their radio broadcasting in the stations located at Indore and Ahmedabad in the year 2001, Mumbai and Pune in the year 2002 and Delhi, Kolkata and Chennai in the year 2003. In October 2005, the company incorporated Times Innovative Media Pvt Ltd as a wholly owned subsidiary company and also transferred the 360 degrees and OOH media businesses from Times Infotainment India Ltd to Times Innovative Media Pvt Ltd. Thus, the subsidiary company was engaged in the out-of-home media and event management business. In April 2006, the company launched radio broadcasting stations in Bangalore, Jaipur and Hyderabad. The name of company`s subsidiary Times Innovative Media Pvt Ltd was changed to Times Innovative Media Ltd, effective from March 15, 2007, consequent upon their conversion to public limited company. In the year 2007, the company commenced their broadcast from the various radio stations located at Patna, Panaji, Bhopal, Vododara, Rajkot, Kanpur, Nasik, Varanasi, Aurangabad, Lucknow, Surat, Kalhapur, Madurai, Nagpur, Vishakpatnam, Coimbatore, Mangalore and Vijayawada. Alternate Brand Solutions Ltd was incorporated on October 31, 2007, as a wholly owned subsidiary of the company. The subsidiary company is engaged in the business of event management / experiential marketing. The company transferred event management business of Times Innovative Media Ltd to Atlanta Brand Solutions Ltd as a going concern with effect from December 31, 2007. The RAM (Radio Audience Measurement) study was launched by TAM India Ltd in the cities of Delhi, Mumbai and Bangalore in October 2007. In the year 2008, the company commenced their broadcast from the stations namely, Raipur, Thiruvananthapuram and Jabalpur. With the launch of Jabalpur station, the company operationlised all the stations for licenses granted to them under the FM Radio Broadcasting Phase II. The Company achieved one more important milestone in its operations by launching of twenty five radio stations in 2008. It launched three more properties in the events business - Ford Super Models, Teen Diva and the Spell Bee Contest in 2009. It also launched the fi rst edition of the Mirchi Music Awards in March 2009. In 2010, it launched a new show called Sunday Suspense in Kolkata; launched a special series called `Legends se Mulaqaat. It launched a "city-centric" online radio station Mumbai Marathi - Mumbaicha aapla radio station, in Marathi in 2011. In 2016-17, it launched the new stations including, Campus Radio, International Hitz, Rabindra Sangeet, Kannada Hits and Mirchi Love Telegu. It added 13 stations in the year 2017. These included stations in the 4 new cities of Chandigarh, Kochi, Guwahati and Shillong. It also launched 9 stations in present cities in the form of a 2nd channel. The Company, through its wholly owned subsidiary, Mirchi Bahrain W.L.L., launched radio broadcasting operations in the Kingdom of Bahrain in May 2021. FY 2023 also saw the launch of Company`s O&O (Owned and Operated) platform Mirchi Plus. The Dallas station was launched in April 2022. In November 2022, Team Telugu launched "Mirchi Men-O-Pause," In 2023, it launched Mirchi ShAI, an AI-powered digital influencer.

Registered Address

4th Flr A Wing Matulya Centre, Senapati Bpt Mrg Lower Parel-W, Mumbai, Maharashtra, 400013

Tel : 91-022-66620600
Email : enil.investors:timesgroup.com; mehul.shah:timesgro
Website : http://www.enil.co.in
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 532700
NSE Code : ENIL
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE265F01028

FAQ’s on Entertainment Network (India) Ltd Shares

You can buy Entertainment Network (India) Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Entertainment Network (India) Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jul 16, 2024 03:59 PM the closing price of Entertainment Network (India) Ltd was Rs.245.40.

The latest PE ratio of Entertainment Network (India) Ltd as of Jul 16, 2024 03:59 PM is 37.23

The latest PB ratio of Entertainment Network (India) Ltd as of Jul 16, 2024 03:59 PM is 0.64

The 52-week high of Entertainment Network (India) Ltd share price is Rs. 358.80 while the 52-week low is Rs. 132.50

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jul 16, 2024 03:59 PM, the market cap of Entertainment Network (India) Ltd stood at Rs. 1,169.82 Cr.

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